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Reports - Mittal Considering QPR Buyout

Reports - Mittal Considering QPR Buyout

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Reports this evening suggest that Lakshmi Mittal may consider buying Queens Park Rangers after concerns over recent PR.

The Indian steel magnate who joined the club late in 2007 remains one of the wealthiest men in the world and is represented at the club by the popular board member, his son-in-law, Amit Bhatia.

The Telegraph are reporting that Mittal is now considering buying out Briatore at QPR as a solution to the current problems highlighted by the media.

One of Mittal's associates told the newspaper: 'Lakshmi is extremely concerned about what has happened.

'He is keen to improve his image in this country and takes this matter very seriously. He is now considering whether the best way forward would be for him to buy Flavio out of QPR.'


Whether this comes to fruition remains to be seen with Briatore's future remaining in doubt despite not being directly involved in the FIA hearing on Monday.




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Writer:Boxer
Date:Saturday September 19 2009
Time: 11:35PM

Comments

0
Normally, I wouldn't bother to comment about an article such as this. That said, it is on "Dear ol'Vital" and after recent events, some may suggest that it wouldn't be such a bad idea. The fact that the source is a reasonably well respected rag, i.e. The Telegraph, lends weight to the argument. Let's see what happens after Monday, then worry about whether LM has the right contacts in the World of Corporate Sponsorship etc. to be able to bring money in just by being the frontman. Time will tell!
QPR4Me
20/09/2009 00:17:00
0
I think it's just someone speculating, but the time that the article was released has me thinking there may be an element of truth - particularly as there's quotes attached to it. My worry is that he won't do any such thing and pull out all together.
Boxer
20/09/2009 08:08:00
0
Not sure if this is just paper talk or not. I'm not sure Flavio will go without a fight and that could make it turn ugly. I'm actually worried about it all.
jezza99
20/09/2009 09:22:00
0
Remember Bhatia's statement a while back that was pulled? There's no doubt that Mittal wants to improve his image, and may well do it in football - worse than walking away all together would be going to a rival.
Boxer
20/09/2009 21:28:00
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